Treasury written question – answered on 6th November 2001.

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Photo of John Redwood John Redwood Conservative, Wokingham

To ask the Chancellor of the Exchequer what guarantees the Treasury is offering to Railtrack plc in administration to enable it to borrow from the market.

Photo of John Spellar John Spellar Minister of State (Department of Transport, Local Government and Regions) (Transport)

I have been asked to reply.

I refer the right hon. Member to the Loan Agreement, copies of which were placed in the House Library on 17 October 2001.

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